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Real estate brokerage CBRE moves base from L.A. to Dallas


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CBRE Group, the country’s largest commercial real estate services company, said Thursday that it has moved its headquarters from Los Angeles to Dallas.
The international business has more than 100,000 employees and is a Fortune 500 firm. It has a long history in California, but Dallas has been its de facto headquarters for nearly a decade as its largest operating center and the home to many senior executives, including Chief Executive Bob Sulentic.
Few workers will transfer from California to Texas, the company said, and the move will not result in layoffs.
“Designating Dallas as CBRE’s global corporate headquarters formalizes how our company has been operating for the past eight years,” Lew Horne, head of operations in the Southwest, said in a statement. ....

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In largest block trade, Prosus sells 2% of Tencent – Investment Watch

In largest block trade, Prosus sells 2% of Tencent – Investment Watch
investmentwatchblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentwatchblog.com Daily Mail and Mail on Sunday newspapers.

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Prosus sells 2% of Tencent for $14.7 billion in world's largest block trade


Prosus sells 2% of Tencent for $14.7 billion in world s largest block trade
By Scott Murdoch and Toby Sterling
Reuters
(Reuters) -Holland-based technology investor Prosus NV has sold 2% of Tencent Holdings Ltd for $14.7 billion, the Chinese gaming and social media giant said on Thursday, in the world s largest-ever block trade.
Tencent, in a Hong Kong Stock Exchange filing, said Prosus sold 191.89 million shares for HK$114.1 billion ($14.67 billion), reducing its stake to 28.9%.
That works out as HK$595 per share, confirming Reuters earlier report in which sources said Prosus sold the stock at the top of an indicative range of HK$575 to $HK595. ....

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Prosus sells 2% of Tencent for $14.7 bln in world's largest block trade


Publishing date: Apr 07, 2021  •  2 hours ago  •  2 minute read  • 
Article content
Holland-based technology investor Prosus NV has sold 2% of Tencent Holdings Ltd for $14.7 billion, the Chinese gaming and social media giant said on Thursday, in the world’s largest-ever block trade.
Tencent, in a Hong Kong Stock Exchange filing, said Prosus sold 191.89 million shares for HK$114.1 billion ($14.67 billion), reducing its stake to 28.9%.
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Prosus sells 2% of Tencent for $14.7 bln in world s largest block trade Back to video
That works out as HK$595 per share, confirming Reuters’ earlier report in which sources said Prosus sold the stock at the top of an indicative range of HK$575 to $HK595. ....

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